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Melio Accounts Payable Logo
Melio Accounts Payable Logo
Melio

Melio Accounts Payable

8.4 /10
Category
Melio Accounts Payable
8.4 /10

What is Melio Accounts Payable?

Melio gives businesses the flexibility to pay and get paid exactly how they want. Pay domestic and international vendors, expedite payments, or pay by card—all in one place. Gain more control over your payment process.

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Melio Accounts Payable Ratings

Real user data aggregated to summarize the product performance and customer experience.

88 Likeliness to Recommend

93 Plan to Renew

84 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

+80 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Melio Accounts Payable?

9% Negative
2% Neutral
89% Positive

Pros

  • Reliable
  • Security Protects
  • Enables Productivity
  • Unique Features

Feature Ratings

Average 84

Self Service Portal

87

Payments Scheduling

86

Automated Workflow

86

Payment Tracking

84

Batch Processing

83

Reconciliation

83

Optical Character Recognition

83

Compliance Management

81

Fraud Management

79

Content Repository

79

Vendor Capability Ratings

Average 80

Business Value Created

85

Usability and Intuitiveness

85

Ease of IT Administration

83

Ease of Implementation

83

Ease of Data Integration

81

Quality of Features

81

Breadth of Features

80

Product Strategy and Rate of Improvement

78

Availability and Quality of Training

77

Ease of Customization

76

Vendor Support

74

Melio Accounts Payable Screenshots

Melio Accounts Payable Videos

Melio Accounts Payable Reviews

Amber A.

  • Role: C-Level
  • Industry: Consulting
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Oct 2024

The product does not disappoint

Likeliness to Recommend

8 /10

What differentiates Melio Accounts Payable from other similar products?

Easy to navigate

What is your favorite aspect of this product?

Different features

What do you dislike most about this product?

Not able to integrate with my CRM

What recommendations would you give to someone considering this product?

More options to integrate

Pros

  • Trustworthy
  • Client Friendly Policies
  • Fair
  • Acts with Integrity

Andrew S.

  • Role: C-Level
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Oct 2024

Excellent bill pay - fast and reliable

Likeliness to Recommend

10 /10

What differentiates Melio Accounts Payable from other similar products?

Bill pay directly from and to ACH accounts. Does not need to be part of my bank.

What is your favorite aspect of this product?

Free to use, but wish there was more than 2 free checks per month.

What do you dislike most about this product?

Wish there was no (or lower) debit card fee (as was previously the case)

What recommendations would you give to someone considering this product?

Good product, make sure you anticipate a week or two for checks to be delivered.

Pros

  • Unique Features
  • Helps Innovate
  • Continually Improving Product
  • Reliable

Syed Aamir A.

  • Role: C-Level
  • Industry: Technology
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Oct 2024

Simple and cost-effective, good for small business

Likeliness to Recommend

10 /10

What differentiates Melio Accounts Payable from other similar products?

Melio stands out in the accounts payable landscape due to its simplicity, affordability, and user-friendly design tailored for small businesses. Here are the key differentiators: 1. Ease of Use 2. No Fees for Bank Transfers 3. Integrated with Popular Accounting Software 4. Remote Payment Capability 5. No Monthly Subscription Fees 6. Approval Workflow for Teams These features make Melio particularly attractive to small and medium-sized businesses looking for a simple, cost-effective, and flexible accounts payable solution.

What is your favorite aspect of this product?

My favorite aspect of Melio is its ease of use combined with flexibility in payment options. It simplifies accounts payable for small businesses, offering the convenience of paying vendors via bank transfers for free, or using credit cards even when vendors don't accept them. This flexibility allows businesses to manage cash flow more effectively, which is a key challenge for many small businesses. Additionally, the ability to handle payments remotely and automate the process without extra fees makes it both user-friendly and cost-efficient.

What do you dislike most about this product?

One potential drawback of Melio is that credit card payments come with a fee (2.9%), which can add up if a business frequently uses this option to manage cash flow. Additionally, while Melio is highly user-friendly for smaller businesses, its functionality may be limited for larger organizations or those with more complex accounts payable needs, such as advanced automation, comprehensive reporting, or multi-currency payments. These users might find Melio lacking in features compared to more robust accounting software platforms.

What recommendations would you give to someone considering this product?

If you're considering using Melio for accounts payable, here are a few recommendations to help you get the most out of it: 1. Evaluate Your Payment Needs 2. Integrate with QuickBooks 3. Use the Approval Workflow Feature 4. Plan for Growth 5. Test it Out By aligning Melio’s features with your business needs, you'll be able to maximize its benefits and minimize any potential limitations.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

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